Found in Robotics News & Content, with a score of 17.51
…sheet to acquire Airobotics Ltd., adding it to its American Robotics Inc. unit for drone data collection. Ondas said it expects the merger or acquisition to complement American Robotics' systems, as well as expand the applications and markets it can serve. “Airobotics' Optimus System is a sophisticated automated drone platform designed for high-value use cases in industrial, homeland security, and smart city services markets,” stated Eric Brock, chairman and CEO of Ondas. “The proposed acquisition of Airobotics will provide strategic technology, regulatory, and business capabilities to both American Robotics and Ondas Networks, opening new geographies and end markets and further…
Found in Robotics News & Content, with a score of 17.11
…which designs, makes, and markets industrial drones through its American Robotics Inc. subsidiary, today announced that it has acquired Ardenna Inc., which provides image processing and machine learning software for rail monitoring and inspection. The companies said the acquisition will enable new efficiencies, reduce costs, and increase safety for the rail industry. “The pieces that are needed to create an industrial data solution for analyzing rail infrastructure are coming together,” stated Eric Brock, chairman and CEO of Ondas. “We believe the acquisition of Ardenna will provide the rail industry with a solution that combines drones, automation, communications, AI, and industry-specific…
Found in Robotics News & Content, with a score of 16.70
The North American robotics, machine vision and motion control markets continue to set new records, according to the Association for Advancing Automation’s (A3) annual report on market statistics. “What I find most telling about these results is not simply that the automation market continues to grow, but that it is growing in such a wide variety of industries,” said Jeff Burnstein, president of A3 . “New industries continue to embrace robotics, vision, and motion, reaping the benefits of automation.” Robotics: $1.9 billion in total sales 2017 was a milestone year for the North American robotics market as it surpassed previous…
Found in Robotics News & Content, with a score of 15.69
…Inc. yesterday announced that its Ondas Networks Inc. and American Robotics Inc. subsidiaries will be moving their headquarters to a new facility here. American Robotics will maintain its office in Marlborough, Mass., for flight testing and remote operations. Ondas Holdings announced in May that it was acquiring American Robotics for about $70.6 million. Ondas Networks develops proprietary, software-based wireless broadband technology for industrial markets. American Robotics is a member of the MassRobotics consortium. American Robotics markets its Scout autonomous system as a “drone in a box” under a robotics-as-a-service (RaaS) business model. Scout was the first drone to receive U.S.…
Found in Robotics News & Content, with a score of 14.95
…DP DHL Vijay Somandepalli, chief technology officer and CEO, American Robotics Ben Linville-Engler, director, Massachusetts eHealth AWS Robotics Startup Accelerator requirements, benefits The application period for the second AWS Robotics Startup Accelerator is open from June 23 through Aug. 1, 2022. MassRobotics will provide expertise in venture capital and startup acceleration to help drive a select cohort of robotics startups through an intensive, advanced curriculum specially designed to accelerate their growth on AWS. Startups selected to participate will receive: Specialized training in AWS Robotics systems Mentoring from robotics experts and technical subject-matter experts in artificial intelligence, machine learning, and IIoT…
Found in Robotics News & Content, with a score of 14.14
The North American robotics market has continued its strong growth in response to increasing demand in industries beyond automotive, as well as labor shortages exacerbated by the COVID-19 pandemic, reported the Association for Advancing Automation (A3) today. Third-quarter 2021 sales brought the total number of orders so far this year to nearly 29,000 units valued at $1.48 billion, the best numbers ever recorded for the North American robotics market, said Ann Arbor, Mich.-based A3. The number of units sold increased by 37%, up from 21,072, and 35% in value, up from $1.09 billion, over the same period in 2020. It…
Found in Robotics News & Content, with a score of 14.00
American Robotics Inc. grew in 2022, reflecting the maturing aerial drone space. The company acquired fellow drone providers through parent Ondas Holdings Inc., received FAA approval for unlimited commercial operations, and added features to its Scout system. The Waltham, Mass.-based company and MassRobotics member this year acquired Airobotics and Ardenna. While it has received approvals for beyond visual line-of-sight (BVLOS) flights, American Robotics continues to work on making commercial drones more accessible. Reese Mozer, co-founder and CEO of American Robotics, replied to the following questions from Robotics 24/7 about 2022 achievements and 2023 prospects: Uncertainty heightens drone demand How have…
Found in Robotics News & Content, with a score of 13.99
ABB today announced that it is expanding its North American robotics headquarters and manufacturing facility in Auburn Hills, Mich. The company said it is investing $20 million in the construction project, which it said will create 72 skilled jobs and will be completed in November 2023. “Our investment is a significant step in accelerating ABB Robotics’ global leadership in developing and manufacturing cutting-edge robotic solutions in the U.S., for the Americas,” stated Sami Atiya, president of ABB Robotics and Discrete Automation. “As the global mega trends of labor shortages, uncertainty, the near- and reshoring of production, and a desire to…
Found in Robotics News & Content, with a score of 13.94
…quarter. When combined with 2022’s first-quarter results, the North American robotics market had its best start ever, with 23,903 robots ordered at a value of $1.249 billion, A3 said. The market grew 26% and 29% for units ordered and revenue, respectively, over 2021. A record fourth quarter in 2021 resulted in the strongest year ever for North American robot sales, with 39,708 units sold at a value of $2 billion. A3 noted that 2022 is on pace for another record year. “The larger trend towards robots being used to benefit more companies in North America continues,” Burnstein added. “This makes…
Found in Robotics News & Content, with a score of 11.40
…included Waypoint Robotics, which was acquired by Locus Robotics; American Robotics, which was acquired by Ondas Holdings; and FringeAI, which was acquired by LMI Technologies. MassRobotics members getting investment included Activ Surgical, which raised more than $45 million, has 56 employees, and received FDA approval. Realtime Robotics raised $31.4 million and employs about 70 people, Ori raised $27 million and has 31 employees, and Pison Technology closed a $7 million Series A round and has 52 employees. Support for new companies also includes a recently announced AWS Robotics Startup Accelerator. Festo and MassRobotics selected the first four companies for the…
Found in Robotics News & Content, with a score of 11.02
…Deloitte industrial manufacturing outlook tracks digitalization’s steady march North American robotics orders to non-automotive companies surge to new records BDO Survey: Majority of middle market manufacturers recognize Industry 4.0 opportunity, but only 5% ready to execute Deloitte/MAPI Study: Smart factories key to tripling stalled labor productivity growth rate by 2030 ITA reports fourth consecutive year of record-breaking forklift sales In other news MHI’s annual report sees inflection point, investment spike, for digital technologies Toyota Industrial Equipment Manufacturing (TIEM) and Toyota Material Handling, U.S.A. (TMHU), to become Toyota Material Handling MIT and ASU serve up an online Master’s in supply chain…
Found in Robotics News & Content, with a score of 10.74
…indicates factors that strengthen U.S. manufacturing despite headwinds. North American robotics continues record growth RIA reports the market set new records for the first nine months of 2016. MAPI report explores productivity dynamics in U.S. manufacturing Statistical evidence highlights impact of capital investment and educated labor on productivity performance. Collaborative robot report predicts ‘phenomenal’ growth Cobots designed for material handling process represent the most prevalent application of collaborative robots. CEMA reports August booked orders nearly doubled compared to August 2015 Orders up 110.9%, including a 173.0% boost for unit handling equipment when compared to July. In other news Modex: Can…